Summer break road trip ideas and money saving tips

Summer break gives you a chance to get away from course work and deadlines. It’s a time to try something new. You can fly to Europe or look at summer road trip ideas, work on a dude ranch or catch up on your reading. Whatever your plans, there are plenty of ways to keep your spending in check. Here are a few tips on saving money when you take your summer break.

Make the most of your summer break by planning a fun road trip. (Credit: HuffPost)

Make the most of your summer break by planning a fun road trip. (Credit: HuffPost)

DIY travel ideas for summer break

Even a simple road trip can cost you a lot of money if you haven’t planned ahead of time. Just think about how you’re going to take your most important items with you. Read more

Filing taxes — last minute how to tips for college students

Ah taxes … part of entering the world of adults is beginning that lifelong dance with filing taxes. If you had a job in high school, mom and dad may have taken care of your dealings with the IRS, but there is no time like the present to start to tackle filing taxes yourself. Taxes may not be fun, but you gotta do what you gotta do. Here are some things you may not know about how to file taxes, plus tips for college students on how to make the process just a little bit easier, especially if you’ve put them off until the last minute.

Not even taxes can bring down Jerry Maguire. (Source: Create a Meme)

Not even taxes can bring down Jerry Maguire. (Source: Create a Meme)

Tax myths

First things first: you may be operating under the delusion that college students don’t have to file with the IRS. Au contraire! Read more

Living on a budget — tips for college students

A common issue for college students is maintaining a budget. (Credit: CommonSense&Nonsense)

A common issue for college students is maintaining a budget. (Credit: CommonSense&Nonsense)

Living on a budget is hard for anyone. But for college students, it may be the first time that you have been in full control (or almost full control) of your money. A few tips for how to handle your expenses, avoid debt and still have some fun along the way can be a big help. Whether you think you are doing just fine money-wise or if you have no idea where to begin, read on; while these are tips for college students, they’re suggestions that everyone can benefit from.

Getting started

If you have never tried living on a budget before, you may have no idea where to start. Wells Fargo offers some tips in their online article, “Budgeting for college students.” Read more

DIY clothes: How to create couture fashion on a college budget

Being on a budget doesn't have to translate to poor fashion sense.

Being on a budget doesn’t have to translate to poor fashion sense.

College days often mean living on a budget. But that doesn’t mean that you can’t dress in style. Do-it-yourself, (diy) clothes are the rage. You can also make a fashion statement and create your own couture clothing on a budget. You might even decide to start your own fashion line. A little creativity and a lot of imagination is all you need to rival the most famous fashion designers. You don’t need a big budget. A little lace, a few beads some fabric glue and dye can work wonders on old clothing that you thought was headed to the trash bin. Open up your closet and let’s see what you can do.

DIY clothes

It helps if you know how to use a needle and thread, but you can still create fashion without fancy skills. You don’t need to spend a lot of money either. Read more

Money matters: How to save money, pay off debt and student loans fast

Credit: United States government

Credit: United States government

College is the time when you dedicate yourself to learning about things that will help you for the rest of your life. That’s also true when it comes to money matters. Now that you’re managing your own money you need to learn how to save money as well as how to pay off your debts and student loans. It’s not as hard as you might think. What you need is a little knowledge and a lot of persistence. Even if you have a mountain of debt, it’s possible to pay it off and free yourself from a life of debt servitude. Here’s how.

It’s possible to pay off debt

In a January 15, 2013 article for, “How I Paid Off $90,000 In Debt In Three Years,” contributor LearnVest explained how Stephanie Hood paid off a mountain of debt.

How did she accumulate so much debt in the first place? Read more

How to update your spring wardrobe on a budget

Out with the old, in with the new for your spring wardrobe.

Out with the old, in with the new for your spring wardrobe.

As the days start to warm up, the ice and snow melt away, and the sun begins to shine, you are going to want to toss aside all those heavy knits and clunky boots for some fun, fresh spring fashion. But you probably can’t afford to revamp your entire closet, so how about incorporating some of the 2014 spring trends to keep your look fresh? Get inspired by the latest looks from the runways, then pick a few ideas you like and incorporate those into your existing wardrobe. That is how to update your spring wardrobe on a budget and still feel like you are looking good.

From the runway

You may not want to or be able to follow some of the more outlandish trends that come off the fashion runways, but you can mine the latest looks for ideas to adapt to your life and your budget. Read more

Spring car maintenance—DIY tips for college students

Proper care for your car ensures solid long term reliability.

Proper care for your car ensures solid long term reliability.

It’s been a long, cold winter— what the heck is an artic vortex anyway?— and while you might think you bore the brunt of it trudging uphill, both ways, in snow to class, your wheels probably took some abuse as well. Doing a little spring car maintenance as things begin to thaw out is probably a good idea. But you are a college student, and probably on a budget, so you need some DIY tips to keep your sweet ride rolling, without breaking the bank.

A maintenance checklist

First things first, you need to know what you should be taking care of in terms of spring car maintenance. Read more

College students tax refund—ways to save or smart spending tips

The all important question with tax refunds is whether you should save or spend it.

The all important question with tax refunds is whether you should save or spend it.

Tax season is upon us, and if you have any income you are probably hoping for a hefty check after filing your return. The big question once your tax refund arrives is what to do with it. Read on for some ways to save that money, as well as smart spending tips if it is burning a hole in your pocket.

Part of your income

The experts at TurboTax would like to remind you in their article “How to Spend, Save, or Stretch Your Tax Refund” that your tax refund is not a gift from Uncle Sam. In reality, that money is part of your income and you should take that idea into consideration when you are deciding on whether to spend or save that check.

What’s more, if you are getting too large of a refund, then you may need to adjust your paycheck withholdings. According to TurboTax, “the amount that is withheld from your paycheck is based in part on the number of exemptions you entered on the W-4 you gave to your employer.” Read more

Tax breaks and tips for college students filing returns

Take the proactive route and don't wait until the last minute to file your taxes.

Take the proactive route and don’t wait until the last minute to file your taxes.

With student debt growing and becoming a burden to recent graduates, college students will want to take all the tax deductions they can to save money. Federal tax filing is very complicated and the information here provides just a few tips. Always seek advice from a tax professional or accountant before filing your returns.

Preparations before filing taxes

Before beginning the tax filing process, students and parents need to make a few decisions. If your parents live in one state and you attend college full-time in another but go home for the summer, you will need to determine which state is your primary residence. As each state has different qualifications for residency, both states could claim you as a resident. Read more

Pay off holiday season debt: Credit card tips for college students

Very soon the credit card purchases you made this past holiday season will appear on your statement. Ouch! Student success depends on smart money matters, but credit cards are a temptation that could lead to bad spending habits at the least and a devastated credit rating at the worst. Here are some college tips for managing credit card debt.

How to reduce credit card spending

Using a credit card is so easy. It’s plastic money that lets you buy now and pay later. So tempting. Read more